Asia stocks mixed as uncertainty surrounding omicron variant lingers

SINGAPORE – Stocks in Asia Pacific struggled for direction in trading Thursday, as concerns about the economic impact of the omicron Covid variant continued to weigh on investor sentiment. Hong Kong’s Hang Seng Index rose 0.38%, reversing earlier losses. However, shares of Razer in the city fell more than 12% in choppy trade. The company … Read more

omicron Covid, China factory activity, oil prices

SINGAPORE – Major markets across Asia Pacific rebounded on Wednesday, after the previous day’s losses brought on by renewed uncertainty over the Omicron-Covid variable. South Korea’s Kospi advanced gains regionally, rising 2.17% after tumbling more than 2% on Tuesday. Hong Kong’s Hang Seng also saw solid gains, rising 1.4% after falling the previous day. Stocks … Read more

Chinese factory activity data for November, oil prices

SINGAPORE – Shares in the Asia-Pacific region mostly rose in trading on Tuesday as Japanese stocks led gains regionally, with investors reacting to the release of Chinese factory activity data for November. Japan’s Nikkei 225 is up 1.26% while Topix is ​​up 1.41%. Stocks in mainland China rose, with the Shanghai Composite advancing 0.29% while … Read more

Investors continue to watch omicron Covid variant

SINGAPORE – Stocks in Japan looked poised for a lower open Monday as investors in Asia monitor developments surrounding the recently discovered omicron Covid variant. The Nikkei Futures in Chicago was at 28365, versus the Nikkei 225 last closed at 28751.62. Shares in Australia were lower in morning trade with the S&P/ASX 200 index down … Read more

Japan’s Nikkei 225 drops more than 2% as Asia-Pacific markets slip amid renewed Covid fears

SINGAPORE – Shares in the Asia-Pacific region fell in trading on Friday, with Japanese shares leading losses regionally. Japan’s Nikkei 225 is down 2.37% as SoftBank Group shares are down more than 4% while Topix is ​​down 1.86%. The Hang Seng in Hong Kong also saw significant losses as it fell 1.73%. In China, the … Read more

Asia-Pacific stocks mixed; Bank of Korea interest rate decision ahead

SINGAPORE – Shares in the Asia-Pacific region were mixed in Thursday morning trade, as investors in Asia looked ahead to the Bank of Korea’s expected interest rate decision later in the day. In Japan, the Nikkei 225 rose 0.6% while the Topix advanced 0.4%. South Korea’s Kospi was down 0.11%. The Bank of Korea is … Read more

Asia-Pacific stocks mixed as investors watch U.S. Treasury yields

SINGAPORE – Shares in the Asia-Pacific region were mixed in early morning trade Wednesday as investors watched moves in US Treasury yields. In Japan, the Nikkei 225 is down 0.13% while the Topix is ​​up 0.23%. Markets in Japan were closed on Tuesday for a holiday. South Korea’s Kospi advanced 0.5%, as chipmaker SK Hynix … Read more

Biden picks Powell to lead U.S. Fed for a second term

SINGAPORE – Shares in the Asia-Pacific region mostly fell in trading on Tuesday as investors watched the market’s reaction to US President Joe Biden’s selection of Jerome Powell for a second term as Federal Reserve Chairman. Hong Kong’s Hang Seng is down 0.9% while stocks in mainland China are mixed, with the Shanghai Composite up … Read more

JD.com, Netease shares in Hong Kong jump

SINGAPORE – Shares in the Asia-Pacific region were mixed in trading Monday, as China kept its benchmark lending rate unchanged. Hong Kong’s Hang Seng Index is down 0.42%. Hong Kong-listed shares of JD.com and Netease gained 1.87% and 3.02%, respectively, after Friday’s announcement that the two shares are set to be listed on the Hang … Read more

Alibaba fiscal Q2 earnings, oil prices, currencies

SINGAPORE – Hong Kong stocks fell on Friday although other Asia-Pacific markets were mostly higher, with Wall Street mostly rising overnight, buoyed by solid earnings. However, Alibaba disappointed investors because it missed earnings expectations. Hong Kong’s Hang Seng fell 1.1% in early trade, based on a broad sell-off in technology stocks during the previous session. … Read more